Ternion Project?
What is Ternion Project?
Ternion is a licensed digital exchange platform integrated with a fiat gateway and merchant services. It seeks to increase the accessibility of the cryptocurrency market by connecting modern financial services with the decentralized financial systems therefore facilitating and promoting innovation in crypto finance. Furthermore, Ternion aims at encouraging innovation in crypto finance through developing a cryptocurrency that has an actual backing of a profitable business and is not driven by speculation but by the natural market forces.
Ternion a team, are constantly trying to be ahead of the market. Pushing our boundries in order to achive what everyone else is only trying to. By putting trust into us, you form the future where we will stand all together tomorrow.You can get the first experience of the exchange platform here and see how the first version will look. Not only the exchange is comfortable for the institutional players, but it’s convenient and easy for any of the retail investors, as it comes with a mobile platform app and a web application.For the purposes of transparency and reliability, Ternion will undergo yearly audits to keep the public in the loop about future advancements.We know that decentralized digital finance is the future, but we also understand the unavoidable connection and value that traditional finance taught us, the knowledge which we are implementing into the cryptocurrency space today.
Ternion Ecosystem:
Ternion’s ecosystem will be supported by the TRN Utility Token. The TRN Token is an ERC20 compliant token to be issued on the Ethereum blockchain. The TRN token will be the core payment mechanism for all goods and services exchanged through the Ternion Ecosystem.
Within the Ternion Ecosystem, all internal revenue-generating mechanisms are geared towards upholding the Ternion Liquidity Fund. Just as the Ternion Financial Model relies on natural market forces to support Ternion liquidity, so too does the utility functionality of the Ternion token. The TRN token is exceptionally well integrated into the Ternion Ecosystem, serving as a method of exchange for fees incurred through the Ternion Exchange and the Ternion Payments business. This utility mechanism may result in higher demand for TRN token, which is then channelled back into the ecosystem, creating a contained cycle of supply and demand.
The token utility features: Liquidity Support
The TRN is a utility token positioned to grant users access to a variety of benefits within the Ternion Ecosystem. TRN utility functions include to pay for: Ternion Exchange, Ternion Payments, Ternion Liquidity Fund
Ternion exchange: Trading fee discounts
Ternion wants to encourage users to pay for their trading fees with the TRN tokens. Users will be heavily incentivized to use TRN tokens by receiving significant discounted trading fees. Trading fees will move in three well-defined stages. The circulating supply of TRN tokens will determine the current stage.
Financial Model: Asset price via token burn
In order to facilitate reliable liquidity, Ternion operates around a financial model built on market forces. The Ternion financial model and the ecosystem that supports it ensure the Ternion token remains relevant. The Ternion token (TRN) is an intrinsic part of the Ecosystem and serves as the native currency for Ternion’s three fundamental pillars: The Exchange, Ternion Payments and The Liquidity Reserve.
Token Burn
Token burn based financial models have shown themselves to offer a number of key benefits. The level of token burn will vary with the revenue generated by the Ternion Ecosystem and cannot be guaranteed. We have modelled three scenarios to give the contributor greater clarity on the relationship between the Unspent Revenues and Token burn
Ternion Benefits:
Comprehensive
The platform is accessible via a mobile platform app and a web application, which makes it convenient not only for the institutional players but also for any of the retail investors.
Transparent And Reliable
Ternion will have annual audits on the transactions and operation of the platform in order to ensure transparency and reliability by making the public aware about any future advancement.
Compliance To Regulations
The Ternion exchange has a European trading license and follows all the set European guidelines regarding onboarding for fast verification's.
24/7 Customer Support
The platform has a full time customer support service that even contains the top management who will help clients when they have any issues or queries related to Ternion.
Roadmap:
Working on the Ternion Ecosystem, our primary objective is to reduce the amount of time lost between major milestones and give contributors access to the Ternion Ecosystem immediately following the public sale. This will give us a decisive edge against competitors who tend to be mired in lengthy delivery times post-ICO. The following roadmap includes all the major steps in the development of the Ternion Ecosystem.
Token Sales Detail:
Token: TRN
Token protocol: ERC20
Total Token supply: 95 000 000 TRN
Token supply during Pre-sale: 22 500 000 TRN
Token supply during ICO: 53 500 000 TRN
Pre-sale date: Active until June 28 2018
ICO date:
Round A – June 29 – August 29, Exchange rate: 1 TRN=0.65 USD
Round B – August 30 – October 30, Exchange Rate: 1 TRN=2.10 USD
Round C – November 1 – December 30, Exchange Rate: 1 TRN=3.23
ICO Caps:
Soft Cap: $5 000 000
Hard Cap: $65 000 000
For more information:
Website: https://ternion.io/
Whitepaper: https://ternion.io/TernionWhitepaper_en.pdf
Telegram: https://t.me/TernionOfficial
Twitter: https://twitter.com/ternionofficial
Facebook: https://www.facebook.com/ternionofficial/